After the close of trading on June 4, 2018, Aegean Marine announced that
an independent Audit Committee found that approximately $200 million of
accounts receivable owed to the company will need to be written off. The
Company further stated that the transactions “may have been, in full or
in part, without economic substance and improperly accounted for in
contravention of the Company’s normal policies and procedures.”

Aegean Marine also reported that a number of its employees who are
believed to have been involved in the Transactions have been terminated
or placed on administrative leave, and that the Company has reported its
preliminary findings to the SEC and the Department of Justice.

Following this news, shares of ANW fell more than 70% on June 5, 2018,
thereby injuring investors.

If you purchased or acquired ANW and would like to speak privately
with a securities attorney to learn more about the investigation or your
legal rights as an investor, please visit our website
or contact the securities team directly at (800) 254-9493.

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